Hello, Traders!
Monfex is at your service and today we overview BTC/USD.
Bitcoin in a short-term is able to reach the resistance zone, where the price will meet with MA200 and it will be possible to consider the short position. But an indicator analysis is currently negative.
A rejection of this idea will be the surrender by bears of $ 8350.
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview BTC/USD.
Bitcoin in a short-term is able to reach the resistance zone, where the price will meet with MA200 and it will be possible to consider the short position. But an indicator analysis is currently negative.
A rejection of this idea will be the surrender by bears of $ 8350.
- Resistance zone ~ $ 8120 - 8150
- Our target support zone ~ $ 7765 - 7700
- Market Cap
$144 431 620 417 USD
- Volume (24h)
$17 156 888 397 USD
- Circulating Supply
18 008 300 BTC
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Trade closed: target reached
